Posts Tagged ‘stimulus aid’

Stimulus Money Conveyed to Amtrak

April 28, 2021

The U.S. Department of Transportation said this week that it has conveyed to Amtrak $1.69 billion in economic stimulus funds authorized by the American Rescue Act of 2021.

The funding includes $728.6 million for Amtrak’s long distance and regional trains outside the Northeast Corridor.

Amtrak was directed by Congress to allocate $174 million of that total to offset what the carrier charges states for corridor services.

However, the law does not require states to restore their Amtrak corridor services to pre-pandemic levels.

Most states reduced their corridor services during the COVID-19 pandemic due to a plunge in ridership.

Several states have begun restoring suspended services but others have yet to announce their plans.

Among the routes yet to be fully restored is the Wolverine Service between Chicago and Detroit (Pontiac).

The route had three roundtrips pre-pandemic, but since March 2020 the level of service has been a single daily roundtrip.

Some Illinois and Missouri routes also continued to operate below pre-pandemic levels.

The directive also mandated that Amtrak return long-distance service to daily operation if they operated as such before last year.

Amtrak has said daily operation will be phased in over a three-weekly period beginning May 24.

The Northeast Corridor will receive $969.4 million of which $109.8 million will go to states and commuter railroads to cover their share of capital costs Amtrak charges them for using the Northeast Corridor.

Another $100.8 million will be used for debt relief that Amtrak incurred before the legislation was adopted on March 11.

Amtrak, Transit to Get Stimulus Bill Aid

March 26, 2020

Aid to Amtrak and public transit agencies was part of a $2 trillion stimulus bill approved Wednesday by the U.S. Senate.

The intercity rail passenger carrier is to get $1.018 billion of which $526 million is for the national network, $492 million is for the Northeast Corridor, and $239 million is for state-supported routes.

The amount matches what Amtrak President Richard Anderson has said the carrier expects to lose in the current federal fiscal year due to a dramatic drop in ridership and revenue during the COVID-19 pandemic.

Public transit agencies are slated to receive $25 billion operating expenses. The bill waives a requirement that transit agencies use their own funds to receive federal assistance.

Another $25 billion was awarded for transit infrastructure grants to be doled out based on fiscal 2020 allocations in four areas: Urbanized Area Formula Grants; Nonurbanized Area Formula Grants; State of Good Repair; and High Density and Growing States.

The stimulus bill now moves to the House, which is expected to vote on it on Friday morning.

USA Today reported that House majority leader Steny Hoyer (D-Maryland expected his chamber to approve the bill on a voice vote before sending it to President Donald Trump.